Billionaire Dan Loeb Ambushes Ackman On Herbalife Ltd. (HLF)
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 9, 2013 - 11:16am
In December, billionaire Bill Ackman of Pershing Square (check out Ackman’s stock picks) gave an exhaustive short presentation on Herbalife Ltd. (NYSE:HLF). His core argument was that Herbalife, a multilevel marketing company whose distributors sell (or at least try to sell) weight management and nutritional products, simply does not offer a good value proposition to [...]
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